South Africa to impose chrome ore export controls and approves power incentive in bid to arrest …

Cabinet has approved export controls and an electricity incentive for South Africa’s ferrochrome industry after receiving an update on the socioeconomic impact of the continued decline of the industry. At its meeting on Wednesday, Cabinet gave the Department of Electricity and Energy the go-ahead to finalise a government-industry agreement for an electricity tariff realignment in support of the ferrochrome sector.